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I have an idea for a 5 color GMMACD based on the following: Color 1 - All short (fast) group over all long (slow) group. All MA's in perfect order. Color 2 - All short group over all long group. MA's not in perfect order. Color 3 - Any short group MA crossed any long group MA. Color 4 - All long group over all short group. All MA's in perfect order. Color 5 - All long group over all short group. MA's not in perfect order.
A Strategy: Enter long - Choose color#_ Exit long - Choose color#_ Enter short - Choose color#_ Exit short - Choose color#_
Thanks! I just noted one little issue. Although there is a neutral color parameter, the overlay doesn't actually plot a neutral overlay on the chart. See screen shot below.
Hi Apprentice, I would like to ask if it is feasible to build Guppy oscillator with one average calculated out of all Guppy's averages. I use Guppy oscillator on meta trader 4. I have founded it on meta trader forum Guppy Multiple Moving Average (https://www.mql5.com/en/forum/172971/page 4). I am looking for something similar. Kind regards, Bart